Editor in Chief: Moh. Reza Huwaida Monday, April 29th, 2024

Russia Cancels $11bn in Afghan’s Sovereign Debt

Russia Cancels $11bn in Afghan’s Sovereign Debt

KABUL - Russian Foreign Minister, Sergie Lavrov on Monday said that his country has cancelled more than $11 billion in Afghanistan's sovereign debt over the past decade.
"During the past decade Russia has made a significant contribution to the international effort in Afghanistan. We have written off more than $11 billion of Afghanistan's sovereign debt," Sergie Lavrov said.

Afghanistan also receives humanitarian aid from Russia. Russia has provided more than 40,000 tons of wheat flour and other shipments in the past decade, worth a total of around $50 million, according to Mr. Lavrov.
"Right at the moment 3,000 tons of wheat flour is being delivered to Afghanistan and funds have been allocated to donate 40 heavy trucks," he added.